Bajaj Steel Industries (BAJAJST) Q4 01/02 earnings summary
Event summary combining transcript, slides, and related documents.
Q4 01/02 earnings summary
16 Oct, 2026Executive summary
FY02 returned to a small profit after a large prior-year loss; higher sales and other income were offset by weak margins and operating challenges in both divisions.
Sales and other income rose to Rs 686.31m from Rs 498.91m; net profit was Rs 2.93m versus a Rs 40.17m loss.
Financial highlights
Sales increased to Rs 598.99m from Rs 451.26m; other income rose to Rs 87.32m from Rs 47.65m.
Total expenditure, including stock adjustment, was Rs 683.38m versus Rs 539.08m; profit before tax and profit after tax were each Rs 2.93m, compared with a Rs 40.17m loss the prior year.
Interest expense increased to Rs 27.66m from Rs 25.45m; depreciation declined to Rs 17.19m from Rs 19.06m.
Outlook and guidance
Sales in the first three months of FY03 were Rs 134.43m versus Rs 129.57m in the comparable period; directors said they were working to improve performance.
Latest events from Bajaj Steel Industries
- Turnover rose 42.67% as new products lifted FY14 profit to ₹12.27 crore.BAJAJST
Q4 13/14 - Sales rose 11% and net profit 23%, alongside higher capex and borrowings.BAJAJSTQ4 96/97
- FY98 profit contracted sharply as expansion continued amid recession and weaker early-year sales.BAJAJSTQ4 97/98
- FY99 profit fell sharply, but first-quarter sales rose despite recessionary conditions.BAJAJSTQ4 98/99
- Net profit rose, but strike and tax pressures weighed on the Plastic Division.BAJAJSTQ4 99/00
- Crop failure and a 108-day strike accompanied a Rs 40.17m annual loss.BAJAJSTQ4 00/01
- Net profit more than doubled, but steel losses, margin pressure and bank restrictions weighed on outlook.BAJAJSTQ4 02/03
- FY04 profit improved sharply, but working-capital constraints persisted amid expansion.BAJAJSTQ4 03/04
- Turnover surged 51.44%, while PAT fell and operating cash flow turned negative.BAJAJSTQ4 04/05